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Incubators open doors to quantum and AI startups

Quantum computing incubator
Image credit: Boykov / Shutterstock.com

UK quantum and digital startups are being invited to participate in two business support programmes located in Oxfordshire and Daresbury.

The two initiatives are being run by the Science and Technology Facilities Council, part of UK Research and Innovation (UKRI).

Successful applications will receive tens of thousands of pounds in research and development funding, business support and networking opportunities.

The Quantum Business Incubation Centre (QuBIC) is taking place at the Rutherford Appleton Laboratory, located at the Harwell Campus in Oxfordshire.

It is open to startups developing quantum computing hardware, software and applications.

The incubator comes after the UK government made quantum a key component of its science and technology superpower goal.

In March, the government published a National Quantum Strategy backed by £2.5bn in public funding.

Quantum computers use subatomic particles that can exist in more than one state, which means they can carry out multiple calculations at once compared to the linear calculations of classical computers.

While quantum computers are still temperamental, they hold the promise to revolutionise sectors like drug discovery and finance.

The second incubator is aimed at AI, data analytics and high-performance computing startups. It is based at Hartree Centre at Daresbury Laboratory, which is located at Sci-Tech Daresbury in the Liverpool City Region.

“In alignment with the government’s mission to establish the UK as a technology superpower by 2030, and for more businesses to be preparing for quantum computing by 2033, this represents an exciting opportunity to drive growth and prosperity to benefit the UK,” said Paul Vernon, executive director of business and innovation at the Science and Technology Facilities Council.

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